CST
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2.50% 7.8¢ castile resources ltd

Gold having a nice rebound overnight above 1,814 USD.Lets not...

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  1. Investsavvy10
    602 Posts.
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    02/12/20
    06:25
    Post #: 49282839
    Gold having a nice rebound overnight above 1,814 USD.

    Lets not forget the high grade copper resource which will be very important for the economics in the PFS. My estimate based on the pre AGM announcement would be a minimum high grade copper resource of 100KT so it would be feasible that CST could produce between 5-10kt of copper per annum which would add between $60-$70 million per annum on copper production alone. Current MC less cash at bank is half of what the copper revenue would be for a year, just crazy.



    https://hotcopper.com.au/data/attachments/2699/2699279-17330009bbce4284b52e60cc82f2e66c.jpg


    CST Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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